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What do you do about the looming inheritance tax threat when you live with elderly parents along with your own child and the home is worth nearly £10million – and you want to continue living there?

It sounds like a champagne problem, but IHT does hit ordinary people – including one reader who admits to being relatively cash poor. How can they make sure they aren't turfed out due to inheritance tax?

Elsewhere, we discuss the huge responsibility of being a trustee with a pot of cash to invest for a younger sibling and why it is never too late to start sorting your pension.

With a number of big firms suffering hacks, including British Airways, we discuss what people can do if they are a victim and how to prevent becoming one.

And finally, we talk about electric cars as sales continue to rise with the UK pushing for an entirely zero-emissions road network by 2040.

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Theresa May's Brexit plan as he revealed the engineering group is stockpiling parts in case the UK crashes out of the European Union.</p><p>He said 'any deal is better than no deal' but warned that time is running out.</p><p>East, 57, said: 'We are preparing for an exit from the EU without an agreement in place. We know that might be disruptive and that's why we're taking the contingency measures that we have to take to keep operating our business.</p><p>Plea: Warren East said 'any deal is better than no deal' but warned that time is running out</p><p>'I think any deal is better than no deal at giving us a framework for how we're going to work in future. When there is an agreement it will provide certainty.</p><p>'I'm putting forward a fairly unashamed business-centric view, and there are many agendas here, but for our business the UK is very important.'</p><p>Rolls-Royce employs 22,300 staff in the UK making engines for aeroplanes and submarines. A further 100,000 workers are employed through its external supply chain.</p><p>It also has strong ties to the EU and many of its customers are in Europe.</p><p>East called on politicians to adopt a pragmatic approach and back the Prime Minister's Brexit withdrawal plan. 'We are slightly running out of time and, as a business leader, I would like to see politicians on both sides of the fence get on and negotiate a practical deal that works for business,' he added.</p><p>'People in business spend their lives negotiating agreements, and we understand that you can't have ideal agreements. You have to end up making some compromises.'</p><p>Business lobby group the CBI, meanwhile, said 'no deal is not an acceptable option'.</p><p>And Andrew Gray, head of Brexit at accountancy giant PwC, said: 'We urge business to continue preparing for both a deal and no deal scenario until the deal is ratified.'</p><p>
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rtant banks – meaning it won't have to hold extra cash to protect itself against the risk of future collapse.</p><p>Dropped: The Financial Stability Board removed RBS from the list it created after the 2008 crisis</p><p>The Financial Stability Board removed it from the list it created after the 2008 crisis. </p><p>Those on it must hold enough capital to avoid needing to be saved by the state.</p><p>RBS said that it 'reflects our progress in building a much simpler, safer UK-focused bank'.</p><p>
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shed out at critics and defended the firm's planned £559million purchase of Wagamama.</p><p>J O Hambro, a top five shareholder in the Frankie &amp; Benny's owner, said it was 'gobsmacked' by negative reaction to the deal after analysts raised concerns about the amount it was paying for the restaurant chain.</p><p>The analysts also warned the takeover was overly risky at a time when many restaurants are being forced to shut.</p><p>Pricey: The Restaurant Group will take on more than £400m of debt as part of the deal, half of which is from Wagamama's balance sheet</p><p>But J O Hambro argued the concerns were exaggerated.</p><p>A spokesman said: 'Yes, it is a little expensive at the headline level.</p><p>'But the new company is also so much more interesting, faster growing, diversified, sustainable and ultimately cheaper for the deal.</p><p>'We are gobsmacked by the level of negative headlines this deal has created. We will take no further part in the debate. We support the deal.'</p><p>Another unnamed shareholder added: 'The key to great deals is seeing how they can complement and further grow the existing business.</p><p>Shareholder advisory firm Institutional Shareholder Services has also urged investors to vote in favour of the purchase.</p><p>The Restaurant Group, which operates more than 500 sites across the UK, will take on more than £400million of debt as part of the deal, half of which is from Wagamama's balance sheet. It plans to raise £315million from shareholders to fund the purchase.</p><p>
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it Suisse cut its target price and joined other City banks in questioning the sustainability of the company's dividend amid a profits slump.</p><p>The stock slid 2.9 per cent, or 9.4p, to 316p, a record low and nearly a full 50 per cent below its May peak of 631p.</p><p>The latest sell-off marked another setback for chief executive Rico Back, who only this week defended his bumper pay packet that is worth as much as £2.7m a year on top of the £5.8m 'golden hello' he received when he replaced Moya Greene on June 1.</p><p>Analysts at Credit Suisse said they think shares are worth 301p, down from an earlier target price of 339p. Royal Mail shares floated at 330p in 2013 but this year has seen the departure of Greene as well as chairman Peter Long, a blazing row over fat-cat pay and a 57 per cent slide in profits.</p><p>David Madden, an analyst at CMC Markets, said the downgrade was 'no surprise' following Royal Mail's 'disappointing' results. He said: 'Adding to the pressure on the stock is the chatter about a possible general election. The Labour Party have suggested they would renationalise the firm, and that is weighing on investor confidence too.'</p><p>Selling pressure also hit Melrose, the industrial group that paid £8 billion for engineer GKN, which was the day's biggest casualty with a fall of 6 per cent, or 11.05p, to 171.45p.</p><p>Turning to the wider market, the FTSE 100 opened a healthy 40 points higher only for sentiment to be dented by the Tory infighting over Brexit. The blue-chip index closed the day 0.3 per cent lower, or 24.13 points, at 7013.88.</p><p>As Theresa May faced a no-confidence vote, so City investors gave the thumbs down to the banks, with Royal Bank of Scotland leading the fallers with a 3.3 per cent drop, or 7.3p, to 216.9p.</p><p>'Lower interest-rate hike expectations, coupled with the fear that a no deal Brexit could bring chaos to trade, are raising worries over the performance of UK banks going forward,' said IG market analyst Joshua Mahony.</p><p>Hutchison China Meditech (off 19.4 per cent, or 1085p, at 4515p) had £700m wiped off its value as flagship treatment Fruquintinib stumbled in a final-stage lung cancer trial. In a study of 527 patients in China, Fruquintinib slowed the disease but failed to improve survival rates to any significant degree over existing treatments.</p><p>Among the tiddlers there was disappointment for those thrill-seekers who chased Tom Co Energy from a low of 3.22p earlier this week to 5.64p after the stock was suspended.</p><p>SVS Securities terminated its broker appointment with immediate effect and ended an agreement to act as agent for the shale exploration and technology company's £532,350 share placing, saying its reputation was 'likely to be prejudiced' by continuing its work for the company.</p><p>It was lift-off time for shares in mining minnow China Nonferrous Gold as the shares soared 40.4 per cent, or 1.61p, to 5.6p after it said it is processing 2,000 tons of ore a day from its operation in Tajikistan.</p><p>Friday's change in fortunes is probably cold comfort for investors who bought at the start of the year when it traded at 19p.</p><p>It is Thanksgiving next week in the US, but just which UK company will win the award for biggest turkey when a welter of blue-chips report?</p><p>A year ago it was Centrica (up 0.8 per cent, or 1.2p, at 145.25p), which sounded the earnings alarm.</p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p>Your comment will be posted to MailOnline as usual.</p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p> We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on MailOnline. To do this we will link your MailOnline account with your Facebook account. We’ll ask you to confirm this for your first post to Facebook.</p><p>Part of the Daily Mail, The Mail on Sunday &amp; Metro Media Group</p>

p>Nov. 16 is National Fast Food Day and as with many of these made-up holidays, fast food chains are celebrating with freebies and deals.</p><p>Wendy's has a freebie that extends a week and it isn't a one-time deal.</p><p>Through Nov. 23 with any purchase and the Wendy's app, you can get a free Junior Bacon Cheeseburger.</p><p>Like with its big deal for National Cheeseburger Day in September, this offer will reset daily but can only be used once a day. Registration in the app, available for Apple and Android devices, also is required.</p><p>The Junior Bacon Cheeseburger costs $2.09 at most locations but prices can vary.</p><p>For a limited time, Wendy's has $1 any size fries and participating locations are selling Frosty Key Tags, while supplies last. Pay $2 and get a free junior Frosty treat throughout 2019 with the tag and any other purchase.</p><p>According to data from Joy, a psychology-based finance app, the average fast food customer spends close to $41 per month on fast food. The app, which offers a free savings account, also came up with a list of the happiest fast food restaurants.</p><p>The top five restaurants according to Joy are: In-N-Out, Chick-fil-A, Subway, Popeyes and Sonic.</p><p>Lyft did its own survey to track where riders went when they had a case of late-night munchies between 10 p.m. and 4 a.m. Thursday through Sunday in seven major cities. The ride-sharing service found Wawa was the favorite in Philadelphia, Taco Bell in Chicago and Whataburger in Austin, Texas.</p><p>Aside from Wendy's trifecta of deals, here are other fast-food chain specials:</p><p>Most of these specials are ongoing offers and require signing up for email clubs or downloading and using smartphone apps. Participation varies by location.</p>

aving tumbled on Thursday after a raft of key ministerial resignations – including Brexit Secretary Dominic Raab – sparked the steepest sell-off since the October flash crash in 2016.</p><p>The pound has steadied after enduring its biggest one-day decline for more than two years amid Thursday´s Brexit deal chaos (PA)</p><p>The pound also rose 0.2 per cent to just under 1.13 euros and was higher against most major currencies. The Footsie lifted 15.1 points to 7,053.1 in morning trading.</p><p>Financial and banking stocks and housebuilders remained under pressure, however, as firms exposed to the UK economy continued to be hit on fears over the impact of a no-deal on growth.</p><p>Connor Campbell, financial analyst at Spreadex, said: 'The pound is a bit like Theresa May at the moment – seriously bruised by the fallout of the Brexit draft deal, shaken by a series of high-profile resignations but, for the time being (and however misguidedly), emboldened by a sense of resilience.'</p><p>Michael Hewson, chief market analyst at CMC Markets, said a leadership challenge for Mrs May was unlikely to solve the mounting Brexit deal woes.</p><p>He said: 'Any new leader will face the very same problems that the current incumbent is now facing, which means that for all the sound and fury that is currently buffeting currency markets, the ultimate calculus remains the same in that there is no majority in the House of Commons for a no-deal Brexit.</p><p>'It was fears around a possible election, a no-deal Brexit and a Corbyn government that saw UK banks and housebuilders fall sharply yesterday, though the rise in UK gilt prices suggests that the bond markets think this an unlikely scenario for now.'</p><p>Among stocks on the FTSE 100 Index, Royal Bank of Scotland fell another 3 per cent, while peers Lloyds Banking Group and Barclays dropped 2 per cent and 1 per cent respectively.</p><p>Britain's biggest banks were summoned for a call with City regulators on Thursday over market turbulence caused by the Brexit deal turmoil.</p><p>It is understood major UK banks were asked for their feedback on the market reaction, with the Financial Conduct Authority saying it was having 'regular contact' with firms and would 'continue to engage with them'.</p><p>Housebuilders were also among the worst affected stocks on Thursday and continued to suffer falls. Charles Church builder Persimmon and Barratt Developments fell another 2 per cent on Friday.</p><p>But the wider market was helped by positive trading overnight on Wall Street and Asia after oil prices clawed back from steep falls earlier in the week.</p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p>Your comment will be posted to MailOnline as usual.</p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p> We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on MailOnline. To do this we will link your MailOnline account with your Facebook account. We’ll ask you to confirm this for your first post to Facebook.</p><p>Part of the Daily Mail, The Mail on Sunday &amp; Metro Media Group</p>

he end of 2020 you could see a car flying overhead, then touching down outside a private home.</p><p>The flying car landing pad, six metres in diameter, is the stand-out feature of a £10million house being built in the village of Edwalton by property developer Guy Phoenix.</p><p>The phoenix, of course, was a mythical bird that miraculously rose from its own ashes, but no phoenix in mythology has half the wow factor of Mr Phoenix’s grand vision for 21st-century living. </p><p>Sixties vision: The egg-shaped Futuro home was designed by Finnish architect Matti Suuronen</p><p>Mr Phoenix has been working in partnership with the Derby-based company VRCO on a flying car design, the NeoXcraft, which has had EU development backing and could theoretically be on the market for £1.5 million by the end of 2020.</p><p>Will the new vehicle fly? Is there going to have to be a backstop garage if Brexit goes pear-shaped? Has health and safety been consulted?</p><p>Scepticism aside, it is hard not to thrill to Mr Phoenix’s bold vision. He is part of a long and honourable tradition.</p><p>This year marked the 50th anniversary of another visionary piece of architectural design — the egg-shaped Futuro home designed by Finnish architect Matti Suuronen in 1968. </p><p>The homes looked like spaceships from another planet that had temporarily alighted on the Earth. They were made of fibreglass-reinforced polyester plastic and rested on stilt-like legs.</p><p>They’d originally been conceived as portable ski chalets rather than permanent residences, but were so eye-catching that they briefly acquired a fashionable cachet. </p><p>A number of companies worldwide were granted a licence to manufacture them, and one even rolled off a short-lived production line in the mill town of Todmorden in West Yorkshire. God’s Own County had never seen anything like it.</p><p>The eccentric-looking homes may be museum pieces now, but the dream which inspired them still resonates. When a rare Futuro home came on the market in New Zealand in 2017, its price tag was $400,000 or just over £200,000.</p><p>Before Suuronen there was John Lautner, the U.S. architect whose space-age houses included the octagonal Chemosphere, built in 1960, perched high above the San Fernando Valley in Los Angeles.</p><p>And before the Chemosphere there was the Monsanto House of the Future in Disneyland, California. It was installed in 1957 as a showcase for designers who had been asked to imagine how houses might look in 30 years’ time.</p><p>Exhibits included the microwave oven, which was as unimaginably sophisticated then as it is commonplace today. </p><p>Seeing into the future, and having the imagination to conceive ways of meeting everyday challenges, has been the province of visionaries. </p><p>So hats off to the Design Museum in London for its latest exhibition, entitled Future Homes. It celebrates innovators in many areas of domestic design, whose ideas were so far ahead of their time that they seemed to belong to science fiction.</p><p>Exhibits include original furniture from the Smithsons’ fully-mechanised House of the Future at the 1956 Ideal Home Show at Olympia, accompanied by a scale model and original archival material.</p><p>The work of Joe Colombo, the Italian industrial designer, is also celebrated.</p><p>Colombo was so fascinated by the perennial challenge facing house-builders — how to maximise space — that he created a Total Furnishing Unit in which people could live in just 28 sq m. It is that sort of left-field thinking which inspires people to come up with solutions to the problems of living on a crowded planet.</p><p>As a nation, the British are famously conservative, more inclined to look to the past than the future. You see more mock Tudor or neo-Georgian houses than state-of-the-art eco-homes. But hopefully we are not too set in our ways to admire radical thinkers like Guy Phoenix. If no one dares to dream, how dull life would be. </p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p>Your comment will be posted to MailOnline as usual.</p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p> We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on MailOnline. To do this we will link your MailOnline account with your Facebook account. We’ll ask you to confirm this for your first post to Facebook.</p><p>Part of the Daily Mail, The Mail on Sunday &amp; Metro Media Group</p>

rcent for the first time in history earlier this year.</p><p>The historic dip in joblessness was a benchmark of progress in the continued pursuit of racial equality in the United States – and a reminder of the unique challenges black Americans face every day.</p><p>The black unemployment rate has hovered above the overall unemployment rate by several percentage points since the Bureau of Labor Statistics began tracking it over 40 years ago. Racial disparities in America do not stop with the labor market.</p><p>The median annual income among black households in the United States is just $36,651, about $24,000 shy of the median income among white households. Black Americans are also less likely to own a home, less likely to have a college education, and five times more likely to be incarcerated than white Americans.</p><p>Disparities in socioeconomic measures exist to some degree nationwide. However, in certain cities, gaps in outcomes along racial lines are chasmic. 24/7 Wall St. created an index based on racial disparities in eight socioeconomic measures in U.S. metro areas to identify the worst cities for black Americans.</p><p>In an interview with 24/7 Wall St., Camille M. Busette, a senior fellow at the Brookings Institution, laid out some of the causal factors behind these disparities in the cities on this list. “Looking historically, these are cities where there is a tremendous amount of residential segregation,” Busette said.</p><p>The cities on this list are largely concentrated in the Midwest and have long histories of systemic racial segregation. Though about half a century has passed since the Fair Housing Act legally banned discriminatory lending, zoning, and renting practices, such practices persist in much of the country in less overt ways.</p><p>Busette described the day-to-day implications of segregation. “People are not walking around, working together, going to school together, taking the same metro together, et cetera. So there isn't a lot of familiarity.”</p><p>This kind of segregation can have profound consequences for labor markets. “People tend to hire people like themselves, so when you get residential segregation, you tend to also get employment segregation,” Busette said.</p><p>Segregation serves to perpetuate inequality in other ways as well. “Where you have residential segregation and where you have large percentages of poor black populations, the schools that service those neighborhoods tend to be substandard relative to white neighborhoods,” Busette said.</p><p>Second-rate schools in black neighborhoods in many of the cities on this list result in lower educational attainment rates – which in turn contribute to disparities in other measures like income, unemployment, and incarceration.</p><p>To determine the 15 worst cities for black Americans, 24/7 Wall St. created an index consisting of eight measures to assess race-based gaps in socioeconomic outcomes in each of the nation’s metropolitan areas. Creating the index in this way ensured that cities were ranked on the differences between black and white residents and not on absolute levels of socioeconomic development. For each measure, we constructed an index from the gaps between black and white Americans. The index was standardized using interdecile normalization so outliers in the data did not skew results. We excluded metro areas where black residents comprised less than 5 percent of the population or where data limitations made comparisons between racial groups impossible. </p><p>Within the index, we considered 2016 data from the U.S. Census Bureau’s American Community Survey on median household income, poverty, adult high school and bachelor’s degree attainment, homeownership, and unemployment rates. All ACS data are five-year estimates. Data on incarceration rates came from The Sentencing Project, a nonprofit dedicated to criminal justice reform, and are for the most recent available year. Because states, rather than metro areas, are responsible for the prison population, incarceration rates are for the state where the metro area is located. If a metro area spans more than one state, we used the state in which the metro area’s principal city is located. From the Centers for Disease Control and Prevention, we used age-adjusted mortality rates by race for each U.S. county from 2012-2016 to calculate mortality rates at the metro level using a variation on the indirect standardization method. Incarceration and mortality rates are per 100,000 residents.</p><p>A history of exclusionary zoning, redlining, and discriminatory lending practices in Chicago throughout the 20th century has led to deeply entrenched segregation in the Midwestern metropolis and contributed to some of the largest racial disparities in income, education, and health of any U.S. metro area. While nationwide the typical black household earns 60.1 percent of the income the typical white household earns, in Chicago the typical black household earns just 47.3 percent of the typical white household's income. Just 21.3 percent of black adults in Chicago have a college degree, less than half the 43.7 percent of white adults with a degree. Additionally, the black unemployment rate is more than three times the white unemployment rate.</p><p>A recent report by the Civil Rights Project of the University of California, Los Angeles, found that segregation persists de facto in the Rochester metro area's schools. From 1990 to 2010, white enrollment in Rochester's inner-city public schools fell from more than 34 percent to just 15 percent. As white families relocated to the suburbs, the share of black students in urban Rochester schools climbed from 49 percent to 60 percent.</p><p>Segregated schools can perpetuate economic and social inequality. In Rochester just 78.8 percent of black adults have a high school diploma compared to 93.1 percent of white adults – nearly double the nationwide attainment gap. The median income for black area households of $28,681 a year is less than half the white median household income of $58,885 a year.</p><p>Danville is one of several metro areas in Illinois in which the gaps in income, education, and health between white and black residents are among the widest in the country. The typical black household earns $24,504 a year, about half the income the typical white household earns of $47,054 a year. Just 31.0 percent of black heads of household own their homes, compared to the white homeownership rate of 75.0 percent.</p><p>One factor contributing to the large disparities in income and homeownership in Danville may be the high unemployment rate among black workers in the area. According to recent Census figures, 22.5 percent of the black workforce in Danville is unemployed, the sixth highest share of any U.S. metro area and nearly three times the area's 8.1 percent white unemployment rate.</p><p>In the Trenton metro area, gaps in socioeconomic measures such as income and poverty are partially rooted in disparities in educational attainment. While the 48.0 percent white college attainment rate in Trenton is far greater than the 33.8 percent national figure, the 18.2 percent black college attainment rate is below the 20.0 percent national figure. Those with lower educational attainment have lower earnings potential and are less likely to accumulate wealth over their lifetimes. The typical black household in Trenton earns $43,393 a year, less than half the median income for white households of $91,008 a year.</p><p>Trenton is the capital of the state with the largest black-white disparity in incarceration in the country. According to data from the Sentencing Project, a criminal justice reform advocacy group, black Americans are incarcerated at approximately five times the rate of white Americans nationwide. In New Jersey, the black incarceration rate is more than 12 times the rate for whites in the state.</p><p>Across Illinois, black residents are nine times more likely than white residents to be incarcerated. A high incarceration rate can reduce the earning potential of affected families, and may be one of the many factors contributing to economic and social inequality in Illinois' capital. The typical black household in Springfield earns $27,197 a year, less than half the median annual income of $61,976 for white households. A criminal record can also reduce the likelihood of finding employment, and the unemployment rate among black workers in Springfield stands at 18.8 percent, more than triple the white unemployment rate of 5.8 percent.</p><p>Fresno is the only West Coast metro area to rank among the worst cities for black Americans. In Fresno, like many U.S. cities, much of the overt housing segregation of the 20th century is evident today. Many of the city's black and minority residents live in west Fresno, while the wealthier, largely white population lives in northern and eastern sections of the metro area. The construction of Highway 99 through Central Valley in the 1950s created a physical barrier between east and west Fresno, further concentrating poverty in minority neighborhoods. Today, 41.2 percent of black residents live in poverty, one of the largest shares of any city and more than three times the 13.0 percent white poverty rate.</p><p>According to a recent study by the California Environmental Protection Agency, life expectancy in Fresno varies by as much as 20 years between the city's richest and poorest neighborhoods. With socioeconomic disparities largely divided along racial lines, so are health inequities. The black mortality rate of 908 deaths per 100,000 residents is nearly 20 percent greater than the white mortality rate of 750 deaths per 100,000 residents.</p><p>More than two in every five black residents of Kankakee, Illinois, live below the poverty line, compared to fewer than one in every 10 white residents. Disparities in poverty rates along racial lines tend to be higher in highly segregated areas, and Kankakee has some of the most racially segregated neighborhoods in Illinois.</p><p>While segregated schools were outlawed as the result of the Brown v. Board of Education Supreme Court decision in 1954, the concentration of minorities in poor neighborhoods and inequitable distribution of resources can result in predominantly black and underfunded schools that put their students at a substantial disadvantage. In Kankakee, fewer than 80 percent of black adults have a high school diploma compared to more than 90 percent of white adults.</p><p>Niles-Benton Harbor is the only metro area in Michigan to rank among the worst places for black Americans. Segregation can significantly deepen socioeconomic gaps along racial lines, and Niles-Benton Harbor is one of the most segregated cities in the country. Nearly half of all black metro area residents in Niles-Benton Harbor live in predominantly black neighborhoods, more than twice the national share.</p><p>Nearly 42 percent of the city's black population lives below the poverty line, a higher black poverty rate than in all but 11 other metro areas nationwide. Meanwhile, 12.4 percent of white area residents live below the poverty line. The white-black poverty gap in Niles-Benton Harbor may be exacerbated in part by the metro area's wide unemployment disparity. The area's black unemployment rate stands at 17.4 percent, well more than double the 6.2 percent white unemployment rate.</p><p>Decatur is one of several Illinois metro areas to rank among the worst cities for black Americans. Just 77.6 percent of black adults in Decatur have a high school diploma, far less than the 91.8 percent of white adults who have a high school diploma. Individuals with less educational attainment tend to have lower earning potential, leading to similar disparities in income, unemployment, and other socioeconomic measures.</p><p>The 21.7 percent black unemployment rate in Decatur is nearly triple the 7.4 percent white unemployment rate. The typical black household in Decatur earns just $21,871 a year, less than half the white median household income of $51,662 a year. Black Decatur residents are also less likely to have as much in the way of material assets that white residents do. For example, the black homeownership rate in Decatur of 36.4 percent is less than half the white homeownership rate of 75.9 percent.</p><p>Elmira, New York, has a relatively small black population. Just 5.9 percent of the nearly 88,000 area residents are black. For reference, 12.6 percent of the U.S. population is black. The gaps in some socioeconomic outcomes between white and black Elmira residents are among the largest in the country.</p><p>The typical black household in Elmira earns just $21,767 a year, less than half the income of the typical white household of $51,101 a year. Black Elmira residents are also less likely to have as much in the way of material assets that white residents do. For example, the homeownership rate among black Elmira residents is just 22.4 percent compared to 71.7 percent among white residents.</p><p>Peoria, Illinois, is one of many cities on this list with a long history of segregation, the effects of which linger today. Black Peoria residents are much more likely to struggle financially and far more likely to face difficulty finding employment than white Peoria residents. The metro area's black poverty rate is 37.0 percent – higher than the national black poverty rate of 26.2 percent and well above the metro area's white poverty rate of 9.2 percent. Additionally, 17.9 percent of the metro area's black labor force is out of a job compared to a white unemployment rate of just 5.6 percent.</p><p>While segregated housing has been illegal nationwide since the passage of the Fair Housing Act of the Civil Rights Act of 1968, a recent federal lawsuit alleges that there are still housing codes in place in Peoria being used to unlawfully target African Americans. Filed in August 2017 by the Illinois-based nonprofit HOPE Fair Housing Center, the lawsuit claims that Peoria's chronic nuisance ordinance, which requires landlords to evict tenants from homes that have been the subject of multiple police contacts, is being selectively enforced in predominantly black neighborhoods.</p><p>The Minneapolis-St. Paul-Bloomington metro area is one of several Midwestern cities that enacted restrictive housing covenants and exclusionary zoning policies in the 20th century. These policies still impact residential patterns today. The city is highly segregated by race and has some of the largest disparities in poverty, income, and homeownership between black and white residents of any U.S. metro area.</p><p>While the 6.0 percent white poverty rate in Minneapolis is far lower than the comparable 10.6 percent national figure, the 32.0 percent black poverty rate is above the 26.2 percent national figure. Additionally, the typical black household in the area earns $31,653 a year, just 41.5 percent of the white median household income of $76,208. Disparity in homeownership is even more stark. The 24.6 percent black homeownership rate in the Twin Cities metro area is less than a third of the 75.8 percent white homeownership rate.</p><p>Racine, Wisconsin, is one of several Rust Belt cities where social and economic outcomes for black residents fall well behind those of white area residents. For example, the typical black household in the Racine metro area earns just $26,888 a year, less than half the $63,507 annual income the typical white household in the area earns.</p><p>Racial disparities in the metro area may be made worse by disproportionate incarceration rates. In Wisconsin, black residents are nearly 12 times more likely to be imprisoned than white residents. For reference, the black incarceration rate is five times the white incarceration rate nationwide. The effects of incarceration are far reaching, as adults with a criminal record are less likely to find employment, and households with a family member in jail have one less potential income earner.</p><p>Like many Midwestern cities with similar history, Milwaukee's discriminatory housing policies from the mid-20th century still largely define residential patterns today. According to research published by the University of Wisconsin-Madison, 16 of the 18 suburbs of Milwaukee County enacted restrictive housing covenants in the 1940s, many of which remained in effect into the 1960s and 1970s. Segregation can contribute to income inequality, and today, the typical black household in Milwaukee earns just $27,834 a year – 42.5 percent of the $65,568 white median household income. While the white poverty rate in Milwaukee of 7.6 percent is one of the lowest in the country, the black poverty rate of 36.4 percent is among the highest.</p><p>Milwaukee is the largest city in Wisconsin, a state with one of the largest racial disparities in incarceration nationwide. Black Americans in Wisconsin are nearly 11 times more like to be incarcerated than white state residents. In Milwaukee County, more than half of all black adults in their 30s and early 40s have served time in a state correctional facility.</p><p>No U.S. metro area has larger social and economic disparities along racial lines than Waterloo-Cedar Falls, Iowa. Black metro area residents earn just 46.8 percent of what white area residents earn, and are far more likely to be unemployed than white workers in the city. The city's black unemployment rate is 23.9 percent, well above the 13.3 percent nationwide black unemployment rate and the second highest such figure of any U.S. metro. Meanwhile, the area's white unemployment rate stands at 4.4 percent, below the 5.9 percent national white unemployment rate and among the least of any city nationwide.</p><p>Like many U.S. cities with high economic and social inequality, Waterloo residents have struggled with several major incidents that have sparked racial tension in the area in recent years. In 2012, for example, a white police officer shot and killed a fleeing black suspect, and was later exonerated by a grand jury.</p>

nt to see your hard-earned cash go further, your best bet is to head across the Atlantic.</p><p>That's according to travel experts at flight comparison website, Skyscanner, who have revealed the five best value holiday destinations for 2019.</p><p>The Mexican city of Cancun along with Los Angeles and Las Vegas make the cut, giving British holidaymakers the excuse they've always wanted to take a trip to one of the American cities.</p><p>Roughly half of households are owed money by their energy supplier thanks to overpaying in the last year, new data suggests.</p><p>Of households that have overpaid, they have typically done so by &pound;84.40,&nbsp;meaning energy companies are collectively benefitting from &pound;1.17billion of customer money.</p><p>However, just 12 per cent have asked for a refund, according to research for automatic switching firm Weflip by market research agency Bilendi.</p><p>There has been a sharp rise in the number of people receiving hoax emails that claim to be from the TV Licensing department, a crime body has warned.&nbsp;&nbsp;</p><p>More than 2,500 reports of phony emails were sent to Action Fraud in September and October alone from those who have found one in their inbox.</p><p>The scam emails aim to get unsuspecting people to hand over personal and bank details to fraudsters who pretend to be from the TV Licensing department, according to the UK's national reporting centre for fraud and cybercrime.</p><p>Virgin Media and EE have been fined a combined &pound;13.3 million by regulator Ofcom for overcharging nearly 500,000 phone and broadband customers who wanted to leave their contracts early.</p><p>Ofcom said both companies broke consumer protection rules by failing to make clear the charges customers would have to pay if they ended their contract early and levying 'excessive' fees to leave.</p><p>The watchdog's investigation into early-exit charges at the groups found about 400,000 EE customers who ended their contracts early were over-billed, which saw customers end up overpaying up to &pound;4.3million.</p><p>The pound is now flat against the euro at&nbsp;&euro;1.1293. Against the US dollar, sterling is at $1.2822.</p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p>Your comment will be posted to MailOnline as usual.</p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p> We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on MailOnline. To do this we will link your MailOnline account with your Facebook account. We’ll ask you to confirm this for your first post to Facebook.</p><p>Part of the Daily Mail, The Mail on Sunday &amp; Metro Media Group</p>

that Facebook hired a Republican-linked D.C. consulting firm to plant negative stories about Facebook's competitors and critics. The move seemingly contradicts the company's public claims that it is transparent about how it handles fake stories on the platform.
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Announcing a campaign targeting accountability for ads in June, Facebook COO Sheryl Sandberg said, "we are providing much more transparency than any other advertising platform, either online or offline."
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Facebook fired the D.C. consulting firm, Definers Public Affairs, on Wednesday. Zuckerberg, in a conference call with reporters Thursday, repeatedly claimed he did not know that the company had been hired, trying to distinguish Facebook's culture with repeated references to "Washington, D.C., firms."
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"I learned about this relationship when I read The New York Times piece yesterday. I looked into whether this was the kind of firm we should be working with. And we’re not working with them," Zuckerberg told reporters. "This type of firm might be normal in Washington but it’s not the kind of firm I want Facebook to be working with."
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Zuckerberg also defended his key lieutenant, Sandberg.
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"I want to be clear, I mentioned a couple of times I was not in the loop on some of these decisions, and Sheryl was also not involved and she learned about this the same time as I did," Zuckerberg said. "Overall Sheryl is doing great work for this company, she’s been a great partner to me and will continue to be a great partner to me.”
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Sandberg commented on Facebook late Thursday, saying she "wanted to address some of the claims that have been made in the last 24 hours."
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"On a number of issues -- including spotting and understanding the Russian interference we saw in the 2016 election -- Mark and I have said many times we were too slow. But to suggest that we weren’t interested in knowing the truth, or we wanted to hide what we knew, or that we tried to prevent investigations, is simply untrue," she wrote. "The allegations saying I personally stood in the way are also just plain wrong. This was an investigation of a foreign actor trying to interfere in our election. Nothing could be more important to me or to Facebook."
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The company has repeatedly admitted it had not done enough to prevent the spread of fake news and political manipulation on its site, which executives repeated on Thursday through multiple press statements and on a call with reporters.
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"But to suggest we weren't interested in knowing the truth, or that we wanted to hide what we knew is simply untrue," Zuckerberg said at the beginning of the call, which was originally meant to tout the company's progress cracking down on fake accounts, hate speech, terrorist propaganda, bullying and child pornography.
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For example, Facebook removed over 1.6 billion fake accounts between April and September of this year, the company reported on Thursday.
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Instead, the call turned into a crisis management session in which Zuckerberg and other executives defended their decisions amid a barrage of media questions related to the claims in the Times story and continuing problems with bad actors on the platform.
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"There are lot of things I’d do differently in retrospect," Zuckerberg said about the company's actions regarding the election meddling.
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Earlier in the day, Facebook fought back against the Times story.
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"The story asserts that we knew about Russian activity as early as the spring of 2016 but were slow to investigate it at every turn. This is not true," Facebook wrote in a statement. "We also saw some new behavior when [Russia-linked group] APT28-related accounts, under the banner of DC Leaks, created fake personas that were used to seed stolen information to journalists. We shut these accounts down for violating our policies.'"
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When asked if Facebook monitors the messages of journalists on its platform, Zuckerberg replied, "Absolutely not."
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Zuckerberg effectively said he would not step down as chairman of his board of directors when asked specifically by reporters. Many corporate governance experts said it's an inherent conflict of interest for a CEO to also be chairman.
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"I don’t think that specific proposal is the right way to go," he said, when asked if he'd give up the chairman role.
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Activist investors had already been pushing for Zuckerberg to step down as chair.
</p><p>
"I think The New York Times reporting illustrates exactly why we are recommending an independent board chair. The fact that they kept the board in the dark for so long shows us that an independent board chair is necessary," Jonas Kron, whose company Trillium Investments owns 53,000 shares of Facebook, told ABC News. "We knew that already, but the report should remove any lingering doubts."</p>

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